We refer your below email in connection with the request for withdrawal of ASBA application for the public issue of Ashoka Buildcon Limited.
Please note that, as per regulatory requirement, withdrawal requests received upto 24 hours prior to submission of Basis of Allotment to Designated Stock Exchange are considered .
Please note that,. we have submitted the basis of allotment to stock exchange for approval.
Trust, the above clarifies the matter to your satisfaction.
Thanks & Regards Pravin Kasare Link Intime India Pvt Ltd C -13 Pannalal Silk Mills Compound, L B S Marg, Bhandup (W) Mumbai - 400 078
Its violation of SEBI guide lines.Indirectly killing interest of small investor to apply IPO. SEBI must take action on Registrar/ bookrunning lead managers and company.
About 1640 hr.s when enquired on telefon the intime person told me that allotment has been finalised and nobody can pullout now. She also told me that it wud be out in a day or 2
All the IPOS (Techpro, Cantabil) which closed alongwith this issue are listing tomorrow. For ashoka, there is no allotment, no listing date....any issues with this too, like Wabag?
Drear Sir What is the reasons for inordinate dely in allotment of ths share . Actually it revels the incapbaality of the registrar of the issue .He is perhapes not aware about the retailers hard money blocked owing to non allotemnt with the given time and SEBI is silently seeing the delay in allotmmment, Retailer forms have no leader to take the matter ith Chairlman SEBI
More than 14 days are over why the allotment is not declared. Is it clearcut vilation of SEBI norms.Who is responsible? KIYA RETAIL INVESTOR KA HARD EARNED MONEY HADAPNE KA VICHAR HAI,...YAD RAKHNA HAJAM NAHI HOGA.